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Senate Passes NDDC N1.9trn 2024 Budget Jerks It By N44,833,046

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The Senate has passed the 2024 budget of N1,911,844,833,046 for the Niger Delta Development Commission (NDDC).
The NDDC budget was jerked by N44,833,046, where it moved from the initial N1,911,800,000,000 that was defended on Monday by the Managing Director, Chief Executive Officer, Samuel Ogbuku when he presented the NDDC aggregate Expenditure of N1.911 trillion tagged “ Budget of Renewed Hope Agenda” before the Senator Asuquo Ekpenyong, APC, Cross River South led Senate Committee on NDDC to N1,911,844,833,046.
The budget was read the third time and passed after the clause by clause consideration.
The Chairman of the Committee, Senator Asuquo Ekpenyong, submitted its report in less than 12 hours after the public hearing on the budget, where Ogbuku, appeared for defence of the budget.
According to the Senate, it considered increase by N44.8 million in Personnel Costs, Overhead Costs, Internal Capital estimates as well as adjustments in the Reve profile of the Commission, as well as considered the extra sum of N44, 833,046 being the difference from the Revenue Projections proposed by the Commission and the amount approved by the National Assembly as reflected in the Appropriations Act, 2024.
Ekpenyong said, “the Committee considered increase In Personnel Costs, Overhead Costs, Internal Capital estimates, as well as adjustments in the Revenue profile of the Commission.
The Committee also considered the extra sum of Forty Four Million, Eight Hundred and Thirty Three li) Thousand and Forty Six Naira (N44,833,046) being the difference from the Revenue Projections proposed by the Commission and the amount approved by the National Assembly as reflected in the Appropriations Act, 2024 and consequently recommends the following as the expenditure profile: Personnel Expenditure- N38,545,349,193 Overhead Expenditure- N29,246,506,753 Intemal Capital Expenditure -N8,785,574,130; Development Projects- N835,267,402,970 and Legacy Critical Projects to be funded through Borrowings – N1,000,000,000,000.TOTAL EXPENDITURE: N1,911,844,833,046.
“That the lifespan of the Year 2024 NDDC budget should elapse on 3ist December, 2024.”
The passage of budget was sequel to the consideration of the report of the Committee on NDDC that was presented by the chairman, Senator Asuquo Ekpenyong, APC, Cross River South.
Shortly after presenting the budget, Senator Olamilekan, APC, Ogun West) observed that the Chairman of NDDC Committee was silent on the performance on 2023 upon which the 2024 was predicated.
Senator Adeola who was the first to pick holes in the report and queried how the budget performance of the agency for 2023 was not properly assessed before approving the 2024 budget in line with the legislative tradition, said that it amounts to process abuse for a proposal to be adopted without finding how the previous year budget was executed to justify fresh proposal, adding, “There is no mention of the performance of 2023 budget, so on what is the proposal for 2024 predicated?”
The President of the Senate, Godswill Akpabio had to contend with complaints on observed lapses by Senators who made contributions on the bill.
Speaking in the same vein, Senator Adamu Aliero, PDP, Kebbi Central who explained that NDDC has proposed to borrow N1 trillion in the budget proposal which he observed was not in the borrowing plan of the Federal Government, however admonished NDDC, as a child of necessity that must use the money appropriated to it to serve the interest of the people, adding that NDDC’s budget is more than two states put together without the impact been felt.
He said, “NDDC is a child of necessity and the money must be used in the interest of the people, even as its budget is more than two states and we have not seen much”.
On his part, Senator Seriake Dickson, PDP, Bayelsa West called for support of NDDC having gone through forensic audit so that request for borrowing could be brought later by President Bola Tinubu.
In his contribution, Senator Adams Oshiomhole, APC, Edo North maintained that things have improved in the NDDC and explained that the President could write to the Senate for borrowing after the budget might have been passed into law, urging lawmakers not to “judge the NDDC by its dirty past”.
He recalled how the South South governors called for forensic audit of accounts of the NDDC. “Mr. President, you recalled that we as governors agreed that forensic audit of NDDC be carried out. This was done and jobs done were paid and those not done were separated.”
After contributions, the President of the Senate, Akpabio called for vote and the budget was passed into law.

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Fubara: Nigeria Needs God-fearing Leaders To Make Progress  …Applauds Seventh Day Adventist

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Governor of Rivers State, Sir Siminalayi Fubara, says Nigeria needs God-fearing leaders for the nation to move in the right direction and make meaningful progress.

The Governor stated this yesterday when he received in audience, the World President of the Seventh Day Adventist Church, Pastor Erton Kohler; his wife, Andriene Marques Kohler; daughter Mariana Marques Kohler and a retinue of ministers of  the church at Government House, Port Harcourt.

Fubara who hailed  the Seventh Day Adventist Church for its contributions to education and the grooming of future leaders in Nigeria,  expressed delight  that the  Church had over the years,  been investing in education at various levels and currently runs two universities in the country.

He commended the church for not only using its  institutions to spread the gospel of  Christianity but to groom future leaders for the country.

According to him, religion should not be just about defending one’s faith, but also  making meaningful impact on the lives of the people.

He said that by floating these educational institutions, the church has demonstrated capacity to support Nigeria  in the task of producing not only educated people but a breed of God-fearing  leaders.

“Our country is where  it is today because we lack the fear of God. If you have the fear of God, there should be a limit to what you can do because you understand the supremacy of God. But when God is not in your equation,  you’ll go beyond the line and that is what has brought us to where we are today.

“So, I feel very happy that you are contributing to the development of our future leaders in this country. We need the right people being in the right place; prepared properly with good minds; that is what we need, not just in Nigeria but round the whole world.,” he said.

Governor Fubara further observed that the absence of God-fearing people in high places to take the right decisions that could impact positively on the society,  has also given rise to other problems such as social  inequality, poverty, corruption  and criminality. According to him, Nigeria needs a  system where the average parent could afford  quality education for their children and a  guarantee that upon graduation, the average  child  will have the  capacity to compete favourably with anybody, anywhere in the world.

“If we have a  situation where the little money that you’re being  paid as wage can also afford you quality healthcare and after working at least for 15-20 years, you have a roof over your head, tell me why you should be involved in any kind of crime? At that point, you’ll feel secured and this attitude of insecurity about the future that leads to all the social vices  we have today won’t be there,” he said.

Governor Fubara expressed appreciation to  the  delegation for the visit and for their prayers for Rivers State, assuring them of his continued support for their programmes in the state.

Leader of the delegation and World President of the Seventh Day Adventist Church, Pastor Erton Kohler said he was in Nigeria for a special conference of the church during which thousands of the church’s  ministers will  be undergoing  an  empowerment programme to further equip  them for the task of herding their flocks and serving the society.

He expressed gratitude to the Governor for the warm reception accorded his entourage, saying the memory of the visit will linger in his mind for a lifetime.

Kohler disclosed that the Church has over twenty -four million  (24,000,000) members and more than 182,000 places of worship,  spread across 212 countries of the world.

 

 

 

 

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Rivers Assembly Approves Fubara’s 2026–2028 MTEF

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The Rivers State House of Assembly has approved the 2026–2028 Medium Term Expenditure Framework (MTEF) submitted by Governor Siminalayi Fubara.

 

This reaffirms the lawmakers’ commitment to enacting laws and taking legislative actions geared towards the overall development of the State.

 

The Assembly gave the approval during its Second Legislative Sitting of the Fourth Session held last Friday.

 

Speaking on the MTEF document during plenary, the House Speaker, Rt. Hon. Martin Amaewhule, noted that by the provision of Section 10(1)(b) of the Rivers State Fiscal Responsibility Law No. 8 of 2010, the MTEF ought to have been laid before the House in September 2025.

 

Amaewhule explained that traditionally, the document is expected to be presented four months before the commencement of the next financial year and immediately after the expiration of every three-year fiscal cycle.

 

He, however, stated that in the interest of the State and its people, the House considered it necessary to deliberate on the document, describing it as a precursor to the 2026 Budget Estimates.

 

The Speaker expressed concern that the year had already progressed significantly before the presentation of the framework.

During deliberations on the document, members examined the assumptions and projections contained in the MTEF and observed that strict adherence to the outlined fiscal parameters would ultimately serve the interest of Rivers people.

 

The lawmakers maintained that effective implementation of the framework would promote prudent financial management and enhance developmental planning across the State.

 

Following the debate and positive consideration by members, the Speaker put the question to the House and members voted overwhelmingly in support of the approval of the MTEF.

 

Meanwhile, during the same sitting last Friday, the House also received a petition from the Chairman of Obio/Akpor Local Government Council, Dr. Gift Worlu.

 

The petition was presented by the member representing Obio/Akpor Constituency II, Hon. Emilia Amadi.

 

According to the petition, concerns were raised over an imminent security breach, threats to lives, destruction of property and alleged forceful takeover of property by some lawless persons within parts of the Local Government Area.

 

Presenting the petition before the House, Hon. Amadi appealed to the lawmakers to revisit the matter and take necessary steps aimed at safeguarding lives and property in the affected communities.

 

The House is expected to further deliberate on the petition and consider measures to address the concerns raised in order to sustain peace and security in the area.

 

King Onunwor

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JUNE 12: Democracy Remains Nigeria’s Strongest Path To Unity, Progress, Says Fubara ….Extols Abiola, Wife

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Governor of Rivers State, Sir Siminalayi Fubara, has reaffirmed that democracy remains the most effective system of government for Nigeria, given the country’s rich diversity of ethnic, religious, and cultural identities.

In a goodwill message to Nigerians on the occasion of the 2026 Democracy Day celebration, Governor Fubara said June 12 represents far more than a historic date; as it embodies the enduring struggle, sacrifice, and collective aspiration of Nigerians for freedom, justice, and representative governance.

The Governor extended warm felicitations to Nigerians at home and in the Diaspora, paying tribute to the heroes and heroines of the democratic struggle, particularly Chief MKO Abiola, his wife, Kudirat Abiola, and countless others whose courage and sacrifices helped secure the democratic freedoms Nigerians enjoy today.

According to him, “June 12 is a reminder of the price paid for the democracy we enjoy today. The sacrifices made by Chief MKO Abiola, Kudirat Abiola, and many other patriots who laid the foundation for the democratic journey we continue to enjoy today. Their commitment to the principle that power must ultimately reside with the people remains a source of inspiration for every generation of Nigerians.”

Governor Fubara noted that thirty-three years after the historic June 12, 1993 election, Nigeria’s democratic experiment has continued to evolve despite challenges and setbacks.

“Our democratic journey has not been without difficulties, but the resilience of our institutions and the determination of our people have kept the nation moving forward. The ability to express differing opinions, engage in constructive debate, and peacefully choose leaders through the ballot remains one of the greatest achievements of our nation,” he said.

Governor Fubara stressed that democracy provides the best framework for managing Nigeria’s diversity and transforming it into a source of national strength.

“Nigeria’s diversity should never be seen as a weakness. Properly harnessed, it is our greatest asset. Democracy offers us the opportunity to build consensus, promote inclusion, strengthen national unity, and create the conditions for sustainable development and shared prosperity,” he said.

Governor Fubara commended President Bola Ahmed Tinubu, for his commitment to the Renewed Hope Agenda and ongoing efforts aimed at economic revitalization, strengthening security, and deepening democratic institutions across the country.

He reiterated the readiness of Rivers State to continue partnering with the Federal Government in advancing policies and programmes that improve the lives of citizens through infrastructure development, job creation, enhanced security, quality education, healthcare delivery, and good governance.

The Governor further called on Nigerians, regardless of political affiliation, ethnic background, or religious belief, to use the occasion of Democracy Day to renew their commitment to the Nigerian project and the ideals that underpin democratic governance.

“Democracy must not be viewed merely as a periodic electoral exercise. It must be reflected in our daily commitment to accountability, transparency, tolerance, justice, respect for the rule of law, and responsible leadership. As citizens and leaders, we all share a collective responsibility to strengthen our democracy and build a nation that future generations will be proud to inherit,” he said.

Governor Fubara expressed optimism about Nigeria’s future, urging citizens to remain united, hopeful, and committed to the values of peace, dialogue, and national development.

“Together, we can build a stronger, more inclusive, and more prosperous Nigeria where every citizen has the opportunity to thrive and contribute meaningfully to national progress,” he said.

 

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